Tech stocks end week with mixed results

SAN FRANCISCO (MarketWatch) -- Technology stocks turned in a mixed performance Friday as the sector felt the impact of broader market declines tied to the insurance and financial industries.

The tech-heavy Nasdaq Composite Index
$COMPQ
fell 5.7 points to close at 2,445, while the Philadelphia Semiconductor Index
SOX, -0.36%
and the Morgan Stanley High Tech 35 Index
MSH, +0.17%
also ended the week in the red.

The losses were spurred on by insurance giant American International Group Inc.
AIG, +0.02%
reporting a $7.8 billion loss, and plans from Citigroup Inc.
C, -0.18%
to sell off billions of dollars in assets. See full story.

Microsoft Corp.
MSFT, +1.57%
rose 12 cents a share to $29.39. Late Thursday, the company released the names of the 10 candidates it had picked for a possible alternate Yahoo Inc.
YHOO, +0.85%
board. See full story.

Graphics chipmaker Nvidia Corp.
NVDA, -1.78%
saw its shares rise 58 cents to $22.53 after reporting a 34% rise in its first-quarter earnings late Thursday. See full story.

Activision Inc.
ATVI, -1.60%
shares climbed $3.94, or more than 14%, to $31.64 after the videogame publisher turned in a fourth-quarter profit boosted by strong sales of the latest versions of its "Guitar Hero" and "Call of Duty" videogame franchises. See full story.

RealNetworks Inc.
RNWK, +3.27%
shares rose 85 cents, or more than 13%, to $7.33 after the media technology company reported better-than-expected first-quarter earnings and gave a strong second-quarter forecast. The company also said it would spin off its casual games business and distribute those shares to RealNetworks stockholders.

Online travel site Priceline.com Inc.
PCLN, +0.60%
saw its shares climb $14.85, or 12%, to close at $138.63 after it said late Thursday that it swung to a first-quarter profit. See full story.

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